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Gold/Mining/Energy : GMD RESOURCE

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To: Richnorth who wrote (942)6/23/1999 2:15:00 PM
From: Richnorth  Read Replies (1) of 1030
 
Here's some ammo for the naysayers/good shepherds!!!

Gold bugs still getting squished . . .

SAN FRANCISCO (CBS.Marketwatch) -- GOLD. One problem with discussing gold is that it seems to bring out the worst in people. Either they hate it - regard it as a "sterile" investment that does nothing to benefit society, or they see gold as a panacea which will solve all of mankind's problems provided we return to a "gold standard." It is left unsaid that a return to gold might have also solved a lot of the gold-bug's personal problems if, during the past decade, a new dollar link with gold had been established at, say, $500 an ounce, or even $300. All one can say to them today is: Dream on. But it will never happen.

Paul Erdman

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